São Paulo, Brazil, November 15, 2016 Embraer announced today that it has signed a firm sale for 24 E175 jets with United Airlines. This order represents a transfer of 24 E175 jets previously placed with Republic Airways Holdings (Republic), currently in Embraer's backlog, which will be cancelled.
The 24 aircraft ordered by United Airlines are scheduled for delivery in 2017. The contract has a total value of USD 1.08 billion, at list price. This backlog movement will be reflected on Embraers 2016 fourth-quarter results and does not have an incremental impact on the company's current backlog.
Embraer is the worlds leading manufacturer of commercial jets with up to 130+ seats. The Company has over 100 customers all over the world operating the ERJ and E-Jet families of aircraft. For the E-Jets program alone, Embraer has logged more than 1,700 orders and over 1,200 deliveries, redefining the traditional concept of regional aircraft by operating across a range of business applications.
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Embraer is a global company headquartered in Brazil with businesses in commercial and executive aviation, defense & security. The company designs, develops, manufactures and markets aircraft and systems, providing customer support and services.
Since it was founded in 1969, Embraer has delivered more than 8,000 aircraft. About every 10 seconds an aircraft manufactured by Embraer takes off somewhere in the world, transporting over 145 million passengers a year.
Embraer is the leading manufacturer of commercial jets up to 130 seats. The company maintains industrial units, offices, service and parts distribution centers, among other activities, across the Americas, Africa, Asia and Europe.
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